Netanyahu at UN warns “militant Islam is on the march,” from Hamas to ISIS, but greatest threat is a nuclear armed Iran. Watch video or read full transcript of the speech here.

Israeli Prime Minister Netanyahu addressed the UN General Assembly on Monday on the threat of “militant Islam” to his country and the world.

UPDATED: Israeli Prime Minister Benjamin Netanyahu addressed the opening Fall session of the United Nations General Assembly on Monday by noting that “militant Islam is on the march” and warning the leaders of the world that “to defeat ISIS and leave Iran as a threshold nuclear power would be to win the battle and lose the war.”

The Israeli premier cast the recent war with Hamas as part of the broader Radical Islamic jihad that is sweeping across the region from Gaza to Syria to Iran. But he stated that the greatest threat to his country and the world was a nuclear armed Iranian regime, or one that could rapidly produce nuclear warheads.

Netanyahu said he sees a new alignment of interests between Israel and moderate Arab nations in the region, and suggested such a realignment — involving common threats from ISIS, Hamas and an Iranian nuclear power — could help lead to a sustainable peace deal with the Palestinians.

“I want peace because I want to create a better future for my people,” Netanyahu told his fellow presidents and prime ministers.

He reached out to “Cairo, Amman, Abu Dhabi, Riyadh and elsewhere,” noted the Times of Israel, and asserted that a rapprochement with Israel by such Arab players could in turn yield a peace agreement with the Palestinians, which, he also said, “will obviously necessitate a territorial compromise.”

“Israel wants to transform our common interests with moderate Arab states to a partnership that can facilitate peace with Palestinians.”